Securities traded in active financial markets are liquid assets. Explain why liquidity is important to individual investors

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Securities traded in active financial markets are liquid assets. Explain why liquidity is important to individual investors and to mutual funds.

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Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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Question Posted: Jun 30, 2016 09:06 AM

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Securities traded in active financial markets are liquid assets. Explain why liquidity is important to individual investors

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Liquidity is important because investors want to be able to convert th...View the full answer

Fundamentals of Corporate Finance

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